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Jefferies Is Highly Bullish On Sarcos – Read Why

Jefferies analyst Stephen Volkmann initiated coverage of industrial robotics company Sarcos Technology & Robotics Corp (NASDAQ:STRC) with a Buy rating and $16 price…
byAnusuya Lahiri
October 13, 2021
1 minute read
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  • Jefferies analyst Stephen Volkmann initiated coverage of industrial robotics company Sarcos Technology & Robotics Corp (NASDAQ:STRC) with a Buy rating and $16 price target, implying a 163.2% upside. 
  • Sarcos is developing robotics to augment work in non-standard settings, Volkmann notes. 
  • The analyst says the technology addresses “key demographic and ESG challenges” such as worker shortages and injuries while driving increased productivity versus unassisted human employees.
  • Price Action: STRC shares traded higher by 5.92% at $6.44 in the premarket session on the last check Wednesday.
 
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Expert Ratings for Varonis Systems

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October 19, 9:45 AM
Over the past 3 months, 9 analysts have published their opinion on Varonis Systems (NASDAQ:VRNS) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

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